TT Vision Holdings Berhad Full Year 2022 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St

April 23, 2023

TT Vision Holdings Berhad (KLSE:TTVHB) Full Year 2022 Results

Key Financial Results

Revenue: RM53.0m (up 12% from FY 2021).
Net income: RM10.2m (up 22% from FY 2021).
Profit margin: 19% (up from 18% in FY 2021). The increase in margin was driven by higher revenue.
EPS: RM0.027 (up from RM0.022 in FY 2021).

earnings-and-revenue-history — KLSE:TTVHB Earnings and Revenue History April 23rd 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

TT Vision Holdings Berhad EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 16%.

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Malaysia.

Performance of the Malaysian Semiconductor industry.

The company's shares are down 5.6% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for TT Vision Holdings Berhad that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.